AB Select US Long/Short Portfolio (ASILX)
The investment seeks long-term growth of capital. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of U.S. companies, short positions in such securities, and cash and U.S. cash equivalents. Its investments will be focused on securities of companies with large and medium market capitalizations, but it may also take long and short positions in securities of small-capitalization companies. The fund may invest in non-U.S. companies, but currently intends to limit its investments in such companies to no more than 10% of its net assets.
Fund Info
US01878T4004
Dec 11, 2012
$2,000,000
Large-Cap
Blend
Expense Ratio
ASILX has a high expense ratio of 1.55%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AB Select US Long/Short Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
AB Select US Long/Short Portfolio had a return of 11.96% year-to-date (YTD) and 12.38% in the last 12 months. Over the past 10 years, AB Select US Long/Short Portfolio had an annualized return of 2.60%, while the S&P 500 had an annualized return of 11.06%, indicating that AB Select US Long/Short Portfolio did not perform as well as the benchmark.
ASILX
11.96%
-6.05%
0.50%
12.38%
3.19%
2.60%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of ASILX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.70% | 4.00% | 2.52% | -2.66% | 3.37% | 2.10% | 1.40% | 1.83% | 1.16% | -0.19% | 4.14% | 11.96% | |
| 2023 | 0.97% | -1.52% | 1.22% | 1.85% | -0.08% | 3.80% | 1.83% | -1.35% | -2.20% | -0.39% | 4.05% | 2.58% | 11.06% |
| 2022 | -2.19% | -1.33% | 0.99% | -4.36% | 0.29% | -3.81% | 3.89% | -1.62% | -3.43% | 2.24% | 2.27% | -8.80% | -15.36% |
| 2021 | -0.65% | 2.39% | 3.40% | 3.42% | 0.73% | 0.79% | 0.91% | 1.75% | -2.67% | 4.77% | -0.75% | -8.47% | 5.04% |
| 2020 | -0.38% | -4.74% | -5.77% | 5.28% | 2.67% | 0.63% | 3.52% | 5.29% | -2.30% | -1.69% | 5.53% | -1.70% | 5.63% |
| 2019 | 3.10% | 2.09% | 1.14% | 3.23% | -3.76% | 4.23% | 0.78% | -1.08% | 0.94% | 1.55% | 1.99% | -1.40% | 13.28% |
| 2018 | 3.74% | -2.33% | -1.85% | 0.08% | 2.12% | 0.46% | 2.37% | 2.16% | 0.73% | -5.29% | 0.61% | -11.57% | -9.36% |
| 2017 | 0.42% | 1.83% | -0.33% | 0.90% | 1.14% | 0.08% | 1.04% | 1.11% | 0.55% | 2.35% | 1.91% | -3.90% | 7.19% |
| 2016 | -3.33% | 0.27% | 2.81% | 0.53% | 0.70% | 0.17% | 2.08% | 0.09% | -0.68% | -0.51% | 1.55% | 1.27% | 4.91% |
| 2015 | -1.35% | 3.25% | -1.08% | -1.00% | 1.01% | -0.59% | 1.85% | -4.05% | -2.24% | 4.85% | -0.17% | -3.96% | -3.80% |
| 2014 | -2.09% | 2.91% | -0.91% | -0.17% | 1.18% | 1.00% | -0.58% | 1.74% | -0.33% | -0.41% | 1.47% | -4.36% | -0.75% |
| 2013 | 3.30% | 0.97% | 2.49% | 1.22% | 1.85% | -0.73% | 3.02% | -1.69% | 2.26% | 2.65% | 2.41% | 1.67% | 21.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ASILX is 71, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AB Select US Long/Short Portfolio (ASILX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AB Select US Long/Short Portfolio provided a 0.76% dividend yield over the last twelve months, with an annual payout of $0.11 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.11 | $0.19 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 |
Dividend yield | 0.76% | 1.41% | 0.00% | 0.00% | 0.00% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.38% |
Monthly Dividends
The table displays the monthly dividend distributions for AB Select US Long/Short Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2013 | $0.17 | $0.17 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the AB Select US Long/Short Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the AB Select US Long/Short Portfolio was 25.58%, occurring on Mar 13, 2023. Recovery took 417 trading sessions.
The current AB Select US Long/Short Portfolio drawdown is 7.83%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.58% | Nov 17, 2021 | 330 | Mar 13, 2023 | 417 | Nov 6, 2024 | 747 |
| -20.41% | Oct 4, 2018 | 368 | Mar 23, 2020 | 109 | Aug 26, 2020 | 477 |
| -13.4% | Dec 8, 2014 | 297 | Feb 11, 2016 | 323 | May 24, 2017 | 620 |
| -8.68% | Dec 9, 2024 | 8 | Dec 18, 2024 | — | — | — |
| -6.84% | Jan 29, 2018 | 9 | Feb 8, 2018 | 114 | Jul 24, 2018 | 123 |
Volatility
Volatility Chart
The current AB Select US Long/Short Portfolio volatility is 6.81%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.